William Berman Buys 13,921 Shares of Pinewood Technologies Group (LON:PINE) Stock

Pinewood Technologies Group PLC (LON:PINE) insider William Berman acquired 13,921 shares of the business’s stock in a transaction on Monday, December 1st. The stock was purchased at an average cost of GBX 357 per share, with a total value of £49,697.97.

Pinewood Technologies Group Stock Down 1.5%

PINE stock opened at GBX 359.50 on Wednesday. Pinewood Technologies Group PLC has a 52-week low of GBX 284.50 and a 52-week high of GBX 575. The firm has a market cap of £411.55 million, a P/E ratio of 5.76 and a beta of 0.56. The company’s 50-day simple moving average is GBX 374.90 and its 200-day simple moving average is GBX 441.74.

Pinewood Technologies Group (LON:PINE) last announced its earnings results on Wednesday, September 24th. The company reported GBX (0.70) earnings per share (EPS) for the quarter. Pinewood Technologies Group had a net margin of 167.76% and a return on equity of 11.83%. On average, analysts anticipate that Pinewood Technologies Group PLC will post 9.8256735 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Berenberg Bank increased their price target on Pinewood Technologies Group from GBX 700 to GBX 725 and gave the stock a “buy” rating in a report on Thursday, November 6th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 725.

Pinewood Technologies Group Company Profile

Pendragon PLC is one of the UK’s leading automotive retailers with over 120 locations selling new and used vehicles alongside expert aftercare services.

Operating in the UK under the brands of Evans Halshaw, Stratstone and CarStore the Group also has additional businesses including Pinewood for dealership management systems, Pendragon Vehicle Management for fleet and leasing and Quickco for wholesale vehicle parts.